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Stock impact report

Apollo Global eyes Community Health Systems assets: Reuters [Reuters]

Community Health Systems, Inc. (CYH) 
Last community health systems, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NYSE Investor Relations: chs.net/investor-relations
Company Research Source: Reuters
September 20, 2016 By Reuters News (Reuters) — Apollo Global Management LLC (APO.N) is one of the private equity firms that is in talks to acquire assets of heavily indebted U.S. hospital operator Community Health Systems Inc (CYH.N), people familiar with the matter said on Monday. Community Health Systems, which has a market capitalization of $1.3 billion and total debt of more than $15 billion, said earlier on Monday that it was in the early stages of exploring a variety of options with “financial sponsors,” which it did not name, as well as other unspecified alternatives. Apollo is seeking to add scale to its portfolio company RegionalCare Hospital Partners Inc with more hospitals, the people said. After acquiring it from buyout firm Warburg Pincus LLC last year, Apollo doubled RegionalCare Hospital Partners’ size in May with the acquisition of Capella Healthcare Inc . Some real estate investment trusts have also shown an interest in the a Show less Read more
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